On January 1, 2021, Jones Company issues $200,000 of 4% 5-year bonds when the market rate is 5%. The bonds pay interest semiannually (twice a year). The company actually receives $192,350. The journal entry to record the issuance of the bonds will include

A debit to Discount on Bonds Payable for $7,650

A credit to cash for $192,350

A debit to cash for $200,000

A debit to Discount on Bonds Payable for $2,000